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Adam Thomas from 'I’m A Celebrity All Stars' has unfortunately faced a £55,000 loss on his investment after his restaurant went under.

The 36-year-old has been informed that he will not be able to recover his funds from the failed venture.

Adam Thomas on I'm a Celebrity... Get Me Out of Here!Adam Thomas has unfortunately faced a £55k investment loss after his business went under.Credit: Brian Roberts – The Sun Adam Thomas undertaking the Bushtucker Trial, Pick 'N' Critz.Adam’s business closed in 2022 after three years of operation; he is pictured here during a Bushtucker Trial in 2016.Credit: Handout

Liquidators for his once-popular eatery, The Spinn, have confirmed the news as the establishment was officially shut down.

Adam's business ceased operations in 2022 after three years of trading.

The actor has also incurred a £10,000 charge from liquidators for the dissolution of the business.

He has walked away from a £100,000 debt following the collapse of his firm, totaling a financial impact of £300,000.

This news follows a report from The Sun revealing how the soap star, who initially competed in 2016, has created turmoil for the upcoming All Stars series due to a serious disagreement with fellow contestant.

Adam and former footballer Jimmy, 47, reportedly clashed during a tense Bushtucker Trial, putting next year’s live final in jeopardy.

The heated exchange—observed by hosts and—was said to have revolved around a high-stakes challenge, prompting one of the stars to exclaim, “I’m A Celebrity... Get Me Out of Here.”

The fallout caused disruptions behind the scenes of the spin-off series, leading producers to negotiate with the feuding duo once they returned to the UK.

Jimmy Bullard in a jungle setting.Adam has caused chaos for the upcoming All Stars series following a serious dispute with fellow contestant Jimmy Bullard.Credit: PA:Press Association

FAQs

What caused Adam Thomas's financial loss?

Adam Thomas suffered a £55,000 loss due to the closure of his restaurant, The Spinn, which went out of business.

How much did Adam have to pay liquidators?

He was charged £10,000 by liquidators for dissolving the business.

What happened between Adam Thomas and Jimmy Bullard?

Adam and Jimmy had a heated argument during a Bushtucker Trial, which caused chaos for the upcoming All Stars series.